Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.

$700 million in gasoline savings by expanding ridesharing

$700 million in gasoline savings by expanding ridesharing

Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.

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Record-breaking delivery of diesel to power plants with zero imports

Record-breaking delivery of diesel to power plants with zero imports

The CEO of the National Petroleum Products Distribution Company said: "The record-breaking delivery of diesel to power plants and the filling of the country's power plant sector oil and gas tanks took place in a situation where we did not import diesel this year, and all of this diesel was supplied by the production capacity of domestic refineries."
Iran’s heavy oil price to drop by $10 in 2025

Iran’s heavy oil price to drop by $10 in 2025

According to OPEC, the average price of Iranian heavy oil in 2025 fell by more than $10 compared to last year, reaching $70.7; a trend similar to the OPEC oil basket, which has fallen by 30% over the last three years.
Slow decline in refining industry; Tehran and Bandar Abbas refineries under pressure from production decline

Slow decline in refining industry; Tehran and Bandar Abbas refineries under pressure from production decline

According to an exclusive report by Energy Press, the refining industry entered the second half of the year in October 1404 with a slow setback and without significant jumps. This trend was repeated last month, and two refineries in Tehran and Bandar Abbas had a decrease in production. On the one hand, some refineries were able to maintain the improvement trend in monthly production and sales.
Successful completion of gas refinery repairs; daily injection of 860 million cubic meters into the national network

Successful completion of gas refinery repairs; daily injection of 860 million cubic meters into the national network

The Director of Coordination and Supervision of Production at the National Iranian Gas Company announced that with the successful completion of major repairs to refineries and more gas storage than last year, a daily injection capacity of 850 to 860 million cubic meters of gas has been provided to the national network, and a stable supply of winter fuel for the country has been guaranteed.
Southern Zagros ready to supply 20 percent of the country’s gas in winter

Southern Zagros ready to supply 20 percent of the country’s gas in winter

With the successful completion of major repairs in operational areas and equipment preparation, the Southern Zagros Oil and Gas Exploitation Company announced that it will produce about 162 million cubic meters of gas, 17,000 barrels of oil, and 48,000 barrels of gas condensate daily during the cold season, playing its strategic role in providing the country with sustainable energy.